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Zapata Corp. purchased a delivery truck on August 1, 2020 for $32,000. The delivery department estimates that the truck will have a useful life of

Zapata Corp. purchased a delivery truck on August 1, 2020 for $32,000. The delivery department estimates that the truck will have a useful life of 69,000 miles, after which it can be sold for $2,560. The department also estimates that they will drive 3,500 miles in 2020 and 27,600 miles in 2021. What should the company record as depreciation expense in 2021?

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